We use an auction extension rule. This means an auction may be extended by 3 minutes if a bidder places a bid within 3 minutes before the auction ends. Take a look at the example below:
- An auction is set to close at 15:00
- Bidder A placed a bid at 14:58
- The system extends the auction to 15:01
If another bidder places a bid at 15:00, the clock will automatically reset to 15:03 and so on.
The auction will conclude once there is no bidder by the end of the new auction time.
Please also note that this rule also applies to our "max bid" feature.
When the system automatically bids on your behalf, it counts as a new bid. If a max bid is placed in the last 3 minutes, it will also trigger the 3-minute extension.